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Yahoo Finance Address WWE's "Tanking" Stock, Takes Aim At It's Drug Policy Too!

Posted By: Lee on Apr 11, 2014

Yahoo's Finance section has posted an article/video in relation to WWE's stock which has seen it drop now a third from high's of $30 a share last month. It currently stands at just under $21 a share and the article has given key suggestions to improve shareholders' mindsets. 

There are 3 key areas of focus of the article detailing WWE's business that it recommends which have all been mentioned before in some manner. "An Off Season, A real overhaul to the Drugs policy, monitored by an outside agency & A health insurance policy."


They list an "Off Season" would be better for superstars and divas as they work 52 weeks a year and would be better utilized if there was a break. It however also states the obvious argument of the characters needing to stay on TV each week to keep relevance to the WWE brand.

The "Drugs Policy" details a key change last July pointing out the “Therapeutic Use Exception." It then controversially goes onto saying how WWE "arguably opened the door up to the abuse of steroids and other drugs by its talent as long as a doctor prescribes them." It even continues by saying "However, their freakish size, and the rigors of the job  should bring into question the strength of the policy." 

It finally finishes off by attacking the WWE's offer to assist ex-talent with the wording/action of WWE "sending letters out annually for help" raising the idea this should include emails, texts and more on a more frequent basis. 

Full article is available to read here

 


If you reference any quotes from this piece, please attribute them to the original source, and kindly credit WrestlingNewsSource.com (h/t) for the transcription.



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